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Shanxi Changcheng Microlight Equipment Co (HKSE:08286) 5-Year Yield-on-Cost % : 0.00 (As of May. 15, 2024)


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What is Shanxi Changcheng Microlight Equipment Co 5-Year Yield-on-Cost %?

Shanxi Changcheng Microlight Equipment Co's yield on cost for the quarter that ended in Dec. 2023 was 0.00.


The historical rank and industry rank for Shanxi Changcheng Microlight Equipment Co's 5-Year Yield-on-Cost % or its related term are showing as below:



HKSE:08286's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.76
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Shanxi Changcheng Microlight Equipment Co's 5-Year Yield-on-Cost %

For the Communication Equipment subindustry, Shanxi Changcheng Microlight Equipment Co's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanxi Changcheng Microlight Equipment Co's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shanxi Changcheng Microlight Equipment Co's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Shanxi Changcheng Microlight Equipment Co's 5-Year Yield-on-Cost % falls into.



Shanxi Changcheng Microlight Equipment Co 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Shanxi Changcheng Microlight Equipment Co is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Shanxi Changcheng Microlight Equipment Co  (HKSE:08286) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Shanxi Changcheng Microlight Equipment Co 5-Year Yield-on-Cost % Related Terms

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Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Dianzi Street, Demonstration Zone, Shanxi Province, Taiyuan, CHN
Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates.

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